Partners John Harrington, John Gherlein and Teresa Goody Guillén authored an article published April 20, 2020, by Law360. The article, “What Telegram Ruling Tells Us About Future of Crypto Sales,” discusses a recently granted preliminary injunction in the SEC v. Telegram Group Inc. case in the U.S. District Court for the Southern District of New York. The authors examine the preliminary injunction, which continues to prevent delivery of a new cryptocurrency, and explain the view of one court’s application of the securities law and a single-scheme theory to a blockchain-based token offering.
Read the article (registration).